Naples Couple Scammed Out of $2M in Gold; Suspect Arrested

A 72-year-old couple in Naples, Florida, lost more than $2 million in gold after falling victim to an elaborate scam involving threats and deception. According to Lt. Bryan McGinn of the Naples Police Department, the fraudsters posed as law enforcement and falsely claimed the couple had an active arrest warrant. The scammers told them they could avoid arrest by converting their money into gold coins and bars.

✔ The couple withdrew money from their accounts
✔ They purchased gold as instructed
✔ A “courier” arrived to collect the gold, promising it would be safely stored

For months, the victims believed their gold was secure—until they realized they had been scammed and contacted police. On Friday, police arrested Soyeb Rana, who arrived to collect another gold payment from the couple. When authorities moved in, Rana attempted to flee, abandoning his vehicle before being taken into custody.

He now faces multiple charges, including:

Conspiracy

Scheme to defraud

Fleeing and eluding

Possession of marijuana
Lt. McGinn emphasized that law enforcement will never demand money or assets in exchange for freedom.

“If you receive a suspicious call, take a second, take a breath, and contact local police. We’re here to help you determine if it’s legitimate.”

Authorities are continuing their investigation, as more individuals may be involved in the scheme.

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